Blockchain and the Fintech Industries: Have you heard the word cryptocurrency recently? If not you surely would have heard of bitcoin, or ethereum and another well-known cryptocurrency. Cryptocurrencies are based primarily on the blockchain. Other technologies and even some established organizations have delved a bit into blockchain and its...
IA aims to enhance technology adoption in the asset management by declaring to inaugurate VeloCity: The Investment Association (IA) has announced that it will be opening a Fintech accelerator by the name of VeloCity. This is an asset management industry’s bid to rapidly adopt innovative technologies. In this regard the association...
Danielle Szetho is no longer the Chief Executive officer at Fintech Australia. She has been in this position for almost two years and now the organization is hunting for a new executive lead while Sarah Worboys, a former accountant at chartered, will take the interim CEO position beginning March...
Fintech industry Highlights: Fintech as an innovation is driving the future of financial industry. It emerged as a missing link between the conventional financial services and a future world of finance. However, it is pertinent to delve into history in order to understand the emergence of these financial and technological...
How Fintech Is Benefiting Entrepreneurs: Talking about old times, things were hard. There were less opportunities and all steps towards success were time consuming in nature. Fast forward to 21st century, you now have internet. Thanks to Computer Science and technology, you can avail financial facilities in a matter of seconds,...
IPO Fetches £94 Million For Augmentum Fintech: A new Fintech investment company, Augmentum has secured a whopping £94 million at the Initial Public Offering just before the trading of shares on London Stock Exchange which is set for this week. Augmentum Fintech needs more money for a new firm...
Host of Mad Money, Jim Cramer had a talk show with the PayPal CEO Dan Schulman about the international potential in the technology. Shculman has stated that international states like India are helping to improve their paying systems such that accounts and credit cards are being replaced with online...
‘Roadmap’ Set By European Union Banking Watchdog To Oversee Fintech: The EU’s banking watchdog laid down a roadmap that is expected to curb the current discrepancies in the regulation of the fast-paced financial technology industry while putting into consideration digital currencies. The new rules that will take effect on January...
The monetary damage caused by authorized push payment scams in 2017 among UK consumers was finally revealed to the public for the first time. The figures released to the media shows that UK consumers lost £236 million to authorized push payment scams in 2017, the first year that Britain's banks...
Demand for Ripple’s platform is on rise as more banks signed the contract: Ripple has been in the limelight after it has entered into assortment of deals with various financial institutions. After more than 100 institutions already using Ripple’s enterprise blockchain solution for global payments, the two prominent banks of...